Posted by keyin > 2017-05-15 21:53 | Report Abuse

Wa. Belum tutup kedai.

Posted by Sulaimanjinko > 2017-05-16 08:23 | Report Abuse

The culprits in iretex, all customers and suppliers also know. How come Bursa don't know?

1 half cooked accountant, 1 very not independent independent lawyer director, 2 others hungry ghost nominated by the lawyer. 4 sekawan perompak. Heboh heboh tangkap hantu, bayang tak kelihatan, angin di cincang bakul masih kosong, apa-apa pun tak ada, yang kelihatan masih 4 sekawan cerita dongeng ala bomoh seluruh dunia. Lololol

Posted by Sulaimanjinko > 2017-05-16 08:50 | Report Abuse

The ceo donald and coo christopher are so weak, let a staff accountant and a lawyer hold their balls and torture the other staff, cost investors lost money.

These criminals though they know about business, but actually killing business. Though they just blame here blame there, actually they are to be blamed. Costing customer and supplier lost money also. Some more blame customers and suppliers. Who else they blame except themselves? Mother father langit tanah sungai bukit. Orang gila baru kata orang lain gila. Masuk jail sia sia nasi. Di tanam pun racuni tanah. Bakar sahajalah. lololol

Posted by Kris Wong > 2017-05-16 09:12 | Report Abuse

Go directly to jail. Do not pass Go. Do not collect your $200.

Posted by MSWGgone > 2017-05-16 13:24 | Report Abuse

Why no AGM announced? Who is the executive director done all these? Got paid a lot?
Not Donald Yap, Not Christopher, Not King Kong. It's Felix Chin the menace.

Jail he goes.

MSWG is as good as sleeping dogs. Iretex too small they cannot see?

The same criminals who think Bursa Malaysia is also sleeping dogs. Here are the cheerleaders:

Mohd Shariff Bin Omar (To-be-chariman, ahem. No idea what is his position)
Ahmad Amryn Bin Adbul Malek (To-be-director, ahem. No idea what is his position)

Humiliating.

More shameful is Chin Wei Choong and Mak Lin Kum the 2 jokers. Wearing mask like clowns holding water gun spray everywhere. Breaking all duties and laws, incriminating themselves.

Posted by RodaImpian > 2017-05-17 21:59 | Report Abuse

Wang besar.. wang besar. Itu wheel kasi pusing lagi. Buy now while low. Wait see who emerge controlling company now price also diedie stuck .20. Whoever new mngmnt must pledge to impose stricter internal money control. Previous few board monkeys simply can payoff money for no good biz reason. Listed company do like father mother company. Small shareholders left to dry. Police case cbt hope hear good news soon charge any culprit sent to jail

Posted by Kris Wong > 2017-05-18 00:55 | Report Abuse

Ya, catch all those crooks and put them away immediately to save the company !!!

Posted by TeeEngHuat > 2017-05-18 09:30 | Report Abuse

Who teaches Teh Eng Huat to do what he does is going to get Teh Eng Huat in jail sooner than he though his victims will.

Justice peguam negara Chin Wui Choong di rasuah Teh eng huat ke? Being bribe or told to do so? Polis should send him and those together to jail.

How come criminal that iretex report polis cbt on Teh Eng Huat, suddenly Chin in 1 month time knew "before court", help Teh Eng Huat escape his jail, and then Chin after being fired still abuse Bursa make false polis report on Kong by pure allegations?

Chin just came in September 2016 already become so close to Teh Eng Huat and knew so much about Kong. Making iretex big loss just to help Teh Eng Huat. So obvious the cooperation. Polis stupid or Chin stupid he though every report will get his victim in trouble?

His only lawyer knowledge is Mak LinKum the conflicted legal asvisor of iretex.

Most innocent is iretex shareholders. What is the big money loss is the company business. Not Chin allegations and cooperation with Teh Eng Huat.

Posted by RodaImpian > 2017-05-18 11:03 | Report Abuse

Wang besar... wang besar. Siapa tergigit lada adalah sendiri rasa pedas. Small investors ikan bilis we watch outside ringside. If false police report sure police kasi hantam satu kali. If not let the authorities do their work and dont be champion accuse all authorities got bribe. You think this country like listed co you do like father mother property? Let see the outcome first lor..

Posted by leejunwei > 2017-05-19 13:42 | Report Abuse

Now we all know whatt happended.

MATERIAL LITIGATION Kuala Lumpur High Court Suit No: WA-24NCC-170-05/2017 Ire-Tex Corporation Berhad vs (1) Mak Lin Kum, (2) Chin Wui Choong, (3) Ahmad Amryn Bin Abd Malek, (4) Mohd Shariff Bin Omar and (5) Tan Tong Lang

IRE-TEX CORPORATION BERHAD

Type Announcement
Subject MATERIAL LITIGATION
Description Kuala Lumpur High Court Suit No: WA-24NCC-170-05/2017
Ire-Tex Corporation Berhad vs (1) Mak Lin Kum, (2) Chin Wui Choong, (3) Ahmad Amryn Bin Abd Malek, (4) Mohd Shariff Bin Omar and (5) Tan Tong Lang
On 18 May 2017, in the Kuala Lumpur High Court Originating Summons No.WA-24NCC-170-05/2017 (“the 170 Originating Summons”) between Ire-Tex Corporation Berhad (“the Plaintiff”) and (1) Mak Lin Kum, (2) Chin Wui Choong (“the 2nd Defendant”), (3) Ahmad Amryn Bin Abd Malek, (4) Mohd Shariff Bin Omar and (5) Tan Tong Lang (“the 5th Defendant”)(collectively referred to as “the Defendants”), upon application of the Plaintiff, the High Court Judge made the following orders pending the disposal of the 170 Originating Summons and the Kuala Lumpur High Court Originating Summons No. WA-24NCC-165-04/2017 (“the 165 Originating Summons”):-

1. An injunction to restrain the Defendants from making any announcements to Bursa Malaysia except to provide the latest information on material litigation or on non-contentious matters whereby:

a. The contents of the announcements must be approved by the Plaintiff and the Defendants in this action;

b. Thereafter, the approved announcements must be announced by Boardroom.Com Sdn Bhd; and

c. Should there be any dispute on the announcements to Bursa Malaysia, the disputed announcement containing the amendments of both parties shall be presented to Bursa Malaysia for further action.

2. An injunction to restrain both disputing group of directors (that is Mak Lin Kum, Chin Wui Choong, Ahmad Amryn bin Abd Malek, Mohd Shariff bin Omar, Raja Hizad bin Raja Kamarulzaman, Hamdan bin Mohd Nor, Kong Hon Kay and Yap Tatt Keat) from:

a. Entering the premise of the Plaintiff in Kulim, Kedah except for Chin Wui Choong but only if accompanied by Christopher Purcell;

b. Making any police reports on behalf of the Plaintiff without the approval of both group of directors;

c. Making any payments from the Plaintiff or any of its subsidiaries except for the following payments:

(i) Wages, statutory contribution, GST and income tax for the Plaintiff’s employees (however this does not include any payment to the parties claiming to be the Plaintiff’s directors as mentioned above);

(ii) Suppliers of the Plaintiff in accordance with the ordinary course of business;

(iii) Payments to Messrs UHY (as the Plaintiff’s auditors), Boardroom.com Sdn Bhd and Securities Services Sdn Bhd (whereby the payments made to Boardroom.com Sdn Bhd is without prejudice to the Plaintiff’s claim that the 5th Defendant is validly removed as the Plaintiff’s Company Secretary).

3. Any payments made from the Plaintiff’s accounts (if any) must be approved by the following cheque signatories:

a. Christopher Purcell from Group A;

b. Lee John Way from Group B;

4. An injunction to restrain the 2nd Defendant from Group A to approve any payments on behalf of the Plaintiff;

5. An injunction to restrain both disputing group of directors (that is Mak Lin Kum, Chin Wui Choong, Ahmad Amryn bin Abd Malek, Mohd Shariff bin Omar, Raja Hizad bin Raja Kamarulzaman, Hamdan bin Mohd Nor, Kong Hon Kay and Yap Tatt Keat) from removing and/or downloading and/or copying any data, confidential information, documents or any other materials of the Plaintiff except under the instructions of the authorities whereby both disputing group of directors will be notified of the same;

6. Both Plaintiff and the Defendants be given liberty to apply;

7. Costs in the cause; and

8. The above injunction was granted on an undertaking by Kong Hon Kay through his counsel to abide by any order the Court or a Judge may make as to damages in case the Court or a Judge should later be of the opinion that the Defendants shall have sustained any by reason of this order which the plaintiff ought to pay.

Further, the Kuala Lumpur High Court has fixed 2 June 2017 for decision of the 170 Originating Summons and the 165 Originating Summons.

Bursa Malaysia

Posted by RodaImpian > 2017-05-21 12:10 | Report Abuse

Good news by 2 june means court will announce rigjht people. Hopefully will clean out company from bad management. Price got chance to up soon after that. Standby to fly

Posted by pokkaistock > 2017-05-23 18:55 | Report Abuse

Price half already since investment. Why donald yap not fire chin? Let his staff bully him and use him to make money. How stupid is this.

Posted by RodaImpian > 2017-06-01 15:46 | Report Abuse

Dropping like rocks. Got chance to bottom out at .15 then good to collect soon

Posted by RodaImpian > 2017-06-02 20:05 | Report Abuse

Anyone know what the court decided today? Counter will pickup soon i think. Buy now good time

Posted by Pnbbroker > 2017-06-04 19:58 | Report Abuse

Court simple thing cannot decide. Business and statf all suffer. The culprit needs to be punished. But shareholders voice would be heard. Hopefully next week. Some people excuse their greed with self made enemy and hate trying to create damage to explain their greed is just. Pathetic. That is how terrorist were borned.

Posted by Kris Wong > 2017-06-04 22:34 | Report Abuse

Whatever the court decides on Monday is just for the time being. What is more important is that Shareholders need maybe a further properly conducted EGM/AGM asap to decide on who really are its appropriate good management people to revive the Company !!!

Posted by RodaImpian > 2017-06-06 03:11 | Report Abuse

MATERIAL LITIGATION Kuala Lumpur High Court Suit No: WA-24NCC-170-05/2017 Ire-Tex Corporation Berhad vs (1) Mak Lin Kum, (2) Chin Wui Choong, (3) Ahmad Amryn Bin Abd Malek, (4) Mohd Shariff Bin Omar and (5) Tan Tong Lang

IRE-TEX CORPORATION BERHAD

Type Announcement
Subject MATERIAL LITIGATION
Description Kuala Lumpur High Court Suit No: WA-24NCC-170-05/2017 Ire-Tex Corporation Berhad vs (1) Mak Lin Kum, (2) Chin Wui Choong, (3) Ahmad Amryn Bin Abd Malek, (4) Mohd Shariff Bin Omar and (5) Tan Tong Lang
Reference is made to the Company's announcements made on 8 May 2017, 17 May 2017, 19 May 2017, 23 May 2017 and 2 June 2017, respectively.

The Company wishes to announce that the Court has allowed the Originating Summons No. 24NCC-165-04/2017 (“165 OS”) and dismissed the Originating Summons No. 24NCC-170-05/2017 (“170 OS”). The Orders granted by the Court in respect of 165 OS are as follows:-

A declaration that the Special Notice dated 1 March 2017 issued by Elite Cosmo Group Limited (“first Defendant”) to Ire-Tex Corporation Berhad (“Plaintiff”) is null and void;
A declaration that the Notice of Extraordinary General Meeting of the Plaintiff dated 11 April 2017 (“Notice of EGM”) issued by the first Defendant is null and void;
A declaration that the meeting which was convened on 27 April 2017 at 9.00 a.m. at Level 7, Multipurpose Hall, The Maple Suite, No. 1, Changkat Raja Chulan, 50200 Kuala Lumpur by the first Defendant by way of Notice of EGM (“the said Meeting”) is not an Extraordinary General Meeting of the Plaintiff;
A declaration that any and/ or all so called resolutions which were tabled and passed at the said Meeting is/ are null and void;
A declaration that Wong Youn Kin is not the company secretary of the Plaintiff;
A declaration that the announcement, bearing reference number GMA-27042017-00113 posted in Bursa Malaysia Securities Berhad’s website is null and void; and
A declaration that appointment of Raja Hizad Bin Raja Kamarulzaman (second Defendant) and Hamdan Bin Mohd Nor (third Defendant) as the Directors of the Plaintiff is null and void.
The issue of costs in respect of 165 OS and 170 OS is to be taken up in written submissions which are to be filed on or before 13 June 2017. The Court will give its decision on costs on 19 June 2017.

Posted by tongchee > 2017-06-06 08:56 | Report Abuse

shareholders being bully by staff. So appeal again? Even with shares, but cannot stop the culprits from abusing. End of day investors suffer.

Posted by tongchee > 2017-06-06 08:57 | Report Abuse

Looks like small investors have to wait longer before this company see the light while the criminals exploit the company.

Posted by RodaImpian > 2017-06-06 14:01 | Report Abuse

Start collect now. Mngmnt pls clean up in house and focus revive the co. Current mmgmnt look serious to clean up house. Price will slowly crawl up soon

Posted by yesyesyes > 2017-06-06 14:06 | Report Abuse

no points to collect this com .. better put your money in other counters ..

Posted by ProGem > 2017-06-06 16:01 | Report Abuse

Stolen management. Will be punished. Gone case.

Posted by ProGem > 2017-06-06 16:18 | Report Abuse

Sell lor if dont like. Few culprits in management go jail also. Greed.

Posted by Kris Wong > 2017-06-07 10:54 | Report Abuse

What sort of laws in Malaysia ? Shareholders not granted the rights to vote in Company's EGM. Only hope now is to have another properly held EGM/AGM as soon as possible to kick out and if possible jail the culprits !!!

Posted by RodaImpian > 2017-06-07 12:55 | Report Abuse

The sort of laws those jokers who did the egm did not follow obviously since court decided null and void. If the egm was done properly im sure the judge would agree. Dont buy this counter yet.

Posted by CockCroch > 2017-06-07 16:15 | Report Abuse

The culprits wo got fired by shareholders and still abuse company is going to jail. Imagine every criminal does this. President voted out still fight to stay on. Lawyer is breaking the law. Society rubbish.

Posted by CockCroch > 2017-06-07 16:23 | Report Abuse

If a voted out president can abuse and cause country in havoc, that is call criminal. Not jokers. Shot and hang remembered as enemy of state.

Posted by WormsRoboCop > 2017-06-07 17:54 | Report Abuse

These jokers Chin Wui choon, Mak Lin Kum and Teh Eng Huat, plus some parasit may just terminate. Do country a favor. Raya is near. Just watch.

Posted by RodaImpian > 2017-06-07 19:10 | Report Abuse

Cockcroch/wormsrobocop i assume you are from the losing side over the egm court decision since you sounded terribly upset with the court's decision. Lawyers are the biggest sharks out there next to politicians. No need to say much haha. This counter not going anywhere dont bother to collect.

Posted by Ckptipu > 2017-06-08 08:35 | Report Abuse

Roda i presume you are from stealing company side refuse to leave the seat over egm result iszit? Criminal lawyers will be punished and made shark fin soup. Same like ckp old dog. Haha

Posted by Kris Wong > 2017-06-08 23:37 | Report Abuse

Ini kali lah, this time make sure the coming requested EGM is legally conducted !!! Hope thereafter then only can see the faint light at the end of the tunnel !!!

Posted by RodaImpian > 2017-06-09 18:17 | Report Abuse

This co no hope so many problems. Price not going anywhere

Posted by Adam Adam > 2017-06-14 15:43 | Report Abuse

ready....

Posted by RodaImpian > 2017-06-15 20:00 | Report Abuse

Ready to fly

Posted by RodaImpian > 2017-06-16 11:10 | Report Abuse

Zzz why no action before egm

Posted by Kris Wong > 2017-06-16 14:46 | Report Abuse

Why still no date yet for either AGM or EGM ?

Posted by ProGem > 2017-06-19 17:00 | Report Abuse

AGM has no excuse to delay and they broke all laws And purposely delay thinking Bursa let them do as they wish. The 2 directors though they know bursa well. Bursa knows them even more. Gone case.

Posted by Kris Wong > 2017-06-19 17:39 | Report Abuse

Ya let's get all these culprits, whoever they think they are !!!

Posted by Adam Adam > 2017-06-19 22:17 | Report Abuse

buy now....if late bye bye

Posted by RodaImpian > 2017-06-20 16:40 | Report Abuse

Buy 0.20.. hope go fly high by end year

Posted by Kris Wong > 2017-06-21 09:11 | Report Abuse

Don't give any further excuses, just give all shareholders the rights to have an AGM/EGM immediately !!!

Posted by Kris Wong > 2017-06-21 10:06 | Report Abuse

More time for what ? To hide all the skeletons inside the cupboard ??? Just hold the AGM/EGM for the shareholders to decide on the Management and the future direction of the company business !!!

Posted by MyInvest > 2017-06-21 10:20 | Report Abuse

Better wait...... Fishy ready..... :)

Posted by MyInvest > 2017-06-21 10:22 | Report Abuse

Hope mother & WA won't go to 0.10 cents & 0.02 cents...

Posted by Koay Ting Hoo > 2017-06-21 17:07 | Report Abuse

I was very surprised the share price drop so much for this technical event of default. When i read the trust deed stated in 4434.pdf, the remedy that will be taken by Trustee is to enforce payment of interest which the company is alredy going to pay by July 12. In other words, this event of default is technical in nature and not material in nature.

Posted by Kris Wong > 2017-06-21 21:16 | Report Abuse

Using and hence further wasting company's funds belonging to shareholders to fund questionable legal proceedings to protect the culprits own backsides with a view to further delay coming AGM/EGM !!!

Posted by Kris Wong > 2017-06-21 22:09 | Report Abuse

Where the fiduciary duty to shareholders by the Board of Directors of Directors ? No shareholders rights and corporate governance at all !!! These culprits even sue the Share Registrar maybe to prevent shareholders to hold an AGM/EGM asap !!!

Posted by RodaImpian > 2017-06-21 23:02 | Report Abuse

Why not sue bursa for not protecting shareholders rights and also sc for not upholding corporate governance. That may inject urgency for authorities to start take action on company directors who dont follow law.

Posted by RodaImpian > 2017-06-21 23:08 | Report Abuse

Material Litigation
Description
IRE-TEX CORPORATION BERHAD (“IRETEX” or “the Company”)

Kuala Lumpur High Court Suit No: WA-22NCC-244-06/2017
Ire-Tex Corporation Berhad vs Dato’ Tey Por Yee & 19 ors


The Board of Directors of Ire-Tex wishes to announce that the Company (the “Plaintiff”) had on 21 June 2017, via its solicitors, Messrs. Wei Li Tan & Cheong, filed a Writ of Summons and Statement of Claim in the High Court of Malaya at Kuala Lumpur against:-

1. DATO’ TEY POR YEE
2. ​KONG HON KAY
3.​CHRISTOPHER PURCELL
4.​JIA ZHIGANG
5.​ELITE COSMO GROUP LIMITED
6.​TAN YEANG TZE
7.​FAMOUS BLUECHIP S-DN BHD
8.​DB MALAYSIA NOMINEES (TEMPATAN) SDN BHD
9.​CARTABAN NOMINEES (ASING) SDN BHD
10.​FAIZATUL IKMI BINTI ABDUL RAZAK
11.​TRICOR INVESTOR & ISSUING HOUSE SERVICES SDN BHD
12.​MEGA CORPORATE SERVICES SDN BHD
13.​FAHRI AZZAT
14.​YAP CHEE KEONG
15.​WONG YOUN KIM
16.​HMC CORPORATE SERVICES SDN BHD
17.​WONG SENG HUAT
18.​FHMH CORPORATE ADVISORY SDN BHD
19.​RAJA HIZAD BIN RAJA KAMARULZAMAN​
20.​HAMDAN BIN MOHD NOR​

(collectively referred to as the “Defendants”)

The claim includes the following prayers:-

(a) Damages to be assessed against the Defendants for conspiracy to injure;

(b) Damages to be assessed against the 11th, 12th, 13th, 15th, 16th and 18th Defendants for breach of duty of care towards the Plaintiff;

(c) A declaration that the proposed resolution to appoint the 19th Defendant, Raja Hizad bin Raja Kamaruddin as a director of the Plaintiff is not in the best interests of the Plaintiff;

(d) A declaration that the proposed resolution to appoint the 20th Defendant, Hamdan bin Mohd Nor, as a director of the Plaintiff is not in the best interests of the Plaintiff;

(e) A declaration that the proposed resolution to remove Chin Wui Choong as a director of the Plaintiff is not in the best interests of the Plaintiff.

Posted by RodaImpian > 2017-06-21 23:10 | Report Abuse

Price dropping like stone. Time to pickup. Whatever left after the board tussle got good opportunity to pickup good price if whoever win come in and rebuild this company which got some hope left